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Author Topic: What's your biggest problem with Bitcoin  (Read 135098 times)
Zaragota95
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January 22, 2016, 11:08:20 AM
 #841

My main problem is that I can't do everything online with it, when I am browsing sites and forums and want to buy something mostly the Seller does not even know about BTC and we have to find another method that suits us both, more adoption and use would be great.
blackmachinegun
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January 22, 2016, 11:29:35 AM
 #842

I don't have any problem with Bitcoin, TBH. But most likely the security of my Bitcoin and the Bitcoin market.
yes security is still a big question mark, especially when we talk about government recognition.
Security for what?
for your wallet or your identity?
I think bitcoin has very perfect for the security of identity and your wallet, your bitcoin will not be stolen if you have many verification in your wallet
nerFohanzo
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January 22, 2016, 11:48:29 AM
 #843

I don't have any problem with Bitcoin, TBH. But most likely the security of my Bitcoin and the Bitcoin market.
yes security is still a big question mark, especially when we talk about government recognition.
Security for what?
for your wallet or your identity?
I think bitcoin has very perfect for the security of identity and your wallet, your bitcoin will not be stolen if you have many verification in your wallet

Yeah I don't think that bitcoin wallets are unsafe unless you have careless approach towards it, bitcoin is very safe and cannot be stolen easily. If you have taken care of basic things then you don't need to worry regarding the safety of bitcoins, the problem that I am facing is that I don't have any physical shops that accepts bitcoin as a mode of payment, So I am not able to buy any physical goods using my bitcoins.
delliaerd
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January 23, 2016, 10:54:17 PM
 #844

My main problem is that I can't do everything online with it, when I am browsing sites and forums and want to buy something mostly the Seller does not even know about BTC and we have to find another method that suits us both, more adoption and use would be great.

First you must exchange your bitcoin into dollars or your currency before you can buying online. Exactly still many people who don't know bitcoin.

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Imoote
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January 24, 2016, 04:47:17 AM
 #845

I don't have any problem with Bitcoin, TBH. But most likely the security of my Bitcoin and the Bitcoin market.
Security is a major problem that must be corrected immediately so that bitcoin users feel safe in the transaction and did not feel the loss. Security in bitcoin is still not good in my opinion because there are many fraudsters are detrimental to many users bitcoin, it should be followed up in order to increase user comfort in the bitcoin transactions
jethrorn99
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January 24, 2016, 05:58:12 AM
 #846

That there's a lot of scam in the bitcoin market.

Otherwise, maybe a slow transaction time.
ajun96
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January 24, 2016, 06:28:58 AM
 #847

My problem with bitcoin is the price. Bitcoin prices are very volatile, so I'm afraid that if at any time the price dropped
LOL if you feel the price fluctuation is a problem, you're not ready to plunge seek and obtain bitcoin, because bitcoin prices will stay this way, volatile, or maybe you have to wait a few more years for bitcoin prices to be stable, perhaps 20 years away
-Tx-Rider
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January 24, 2016, 09:22:42 AM
 #848

For me, I don't know what is the minimum fees to pay and get the transactions confirmed in the next block. The variable block time and the number of tx stuck at mempool are all the factors affecting the confirmatin time.
blackmachinegun
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January 26, 2016, 03:40:56 AM
 #849

That there's a lot of scam in the bitcoin market.

Otherwise, maybe a slow transaction time.
the absence of identity on user bitcoin, make a lot of people take advantage of this to  fraudulent activity, making investments to cheat sites, and so on
bitraine
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January 26, 2016, 03:48:11 AM
 #850

i always have the problem about waiting 1 confirmatoin time. slow transaction .and the priority is not same even when you paid 0.0001 for the miners fee.  i took an hour to recieve/send payment. but i really love bitcoin hope they fix the issue about the delays.
goinmerry
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January 26, 2016, 04:35:50 AM
 #851

i always have the problem about waiting 1 confirmatoin time. slow transaction .and the priority is not same even when you paid 0.0001 for the miners fee.  i took an hour to recieve/send payment. but i really love bitcoin hope they fix the issue about the delays.

I guess because of many transactions that is happening in bitcoin community this happens. Yeah I got a friend to that really got a problem with that. He always says that sometimes transferring takes a while. But I dont really know why. That is just my opinion.
Amph
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January 26, 2016, 08:27:01 AM
 #852

nother problem we are facing, is that the consensus, is actually dividing the comunity, instead of  unifying it

so sub decentralized cominuty which will lead to centralized sub-entity are being born
ranochigo
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January 26, 2016, 08:55:54 AM
 #853

-snip-
There are many factors, but recommended tx fee is 0.0005BTC/kb, so 1 normal transaction (about 400 bytes) need 0.0002BTC for fast confirmation.
But, increase block size will solve high fees.
Could be true even though the reference implementation rounds up the size to the nearest KB. Miners might use a modified version to calculate fees/b.
i always have the problem about waiting 1 confirmatoin time. slow transaction .and the priority is not same even when you paid 0.0001 for the miners fee.  i took an hour to recieve/send payment. but i really love bitcoin hope they fix the issue about the delays.

I guess because of many transactions that is happening in bitcoin community this happens. Yeah I got a friend to that really got a problem with that. He always says that sometimes transferring takes a while. But I dont really know why. That is just my opinion.
Miners tries to maximize their earnings and hence users need to pay a fee/kb instead of fixed fee. If fixed fee is used, attacks would be inexpensive and easy. There is nothing devs can do about varience, only block size.

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goinmerry
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January 26, 2016, 09:09:25 AM
 #854


Miners tries to maximize their earnings and hence users need to pay a fee/kb instead of fixed fee. If fixed fee is used, attacks would be inexpensive and easy. There is nothing devs can do about varience, only block size.

Nose bleed.  Grin Thumbs for those who knows much about mining. Got a head while reading some about mining. I think I will stay with being a bitcoin user instead of a miner. But I also know that I need to at least have some knowledge about mining to understand the circulation.
Altynbekova
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January 26, 2016, 10:05:19 AM
 #855

the biggest problem of bitcoin is you can not pay at many websites only a few are accepting it.
Also the reputation of bitcoin is affected and that is bad for the reputation,
why companies do not bet on bitcoins.
Imoote
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January 26, 2016, 11:21:49 AM
 #856

the biggest problem of bitcoin is you can not pay at many websites only a few are accepting it.
Also the reputation of bitcoin is affected and that is bad for the reputation,
why companies do not bet on bitcoins.
Yes maybe it's because of lack of socialization of bitcoin on companies companies out there that make belummeratanya use bitcoin.
Perhaps if introduced in a structured bitcoin might more companies adopt bitcoin. But it looks like it takes a lot to see that the new bitcoin is included.
pooya87
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January 26, 2016, 11:37:16 AM
 #857

i always have the problem about waiting 1 confirmatoin time. slow transaction .and the priority is not same even when you paid 0.0001 for the miners fee.  i took an hour to recieve/send payment. but i really love bitcoin hope they fix the issue about the delays.

if there is no attack/spam going on it will take 5-10 minutes which is not that bad.
when it comes to big payments or micro payments bitcoin becomes the best thing because of its fee. you can't send big amounts or even a lot of small amounts with credit card. you will have to pay a lot of fees.

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mrcashking
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January 26, 2016, 12:18:24 PM
 #858

The thing which irritates me is the hunt for the control.People are willing to even destroy/dump the coin for their own benefits or to shine their altcoin,the same problem which was before bitcoin.
diodio5
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January 26, 2016, 12:58:12 PM
 #859

i always have the problem about waiting 1 confirmatoin time. slow transaction .and the priority is not same even when you paid 0.0001 for the miners fee.  i took an hour to recieve/send payment. but i really love bitcoin hope they fix the issue about the delays.
I think bitcoin will be better in the future, bitcoin will evolve naturally,
for now, it is time confirmation quite disturbing for most people
vrm86
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January 26, 2016, 01:03:57 PM
 #860

Volatility - thing, that makes Bitcoin usefull as a trading/investing asset, makes it quite uneasy to use BTC as a payment method at same time. Every transaction has something in common with gambling, as you don't know if it's better to make deal today, tommorow or next week to get more satisfying price.
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